COMPANY OVERVIEW LG Electronics India Pvt. Ltd.

engages in the manufacture and sale of consumer electronics, home appliances, computer products, and mobile phones in India. Its consumer electronics include LCD TVs, plasma displays, display panels, color televisions, home theatre systems, music systems, DVD recorders/players, and MP3 and MP4 players; and home appliances comprise room air conditioners, commercial air conditioners, refrigerators, refrigerator compressors, washing machines, dishwashers, microwaves, and vacuum cleaners. The company also provides computer products, such as laptops, notebook and desktop personal computers, LCD monitors, CRT monitors, optical storage devices, and projectors; and mobile phones, including camera phones, music phones, and color screen GSM handsets. It sells its products through dealers. The company was founded in 1997 and is based in Greater Noida, India. LG Electronics India Pvt. Ltd. operates as a subsidiary of LG Electronics Inc. Hide Detailed Description Plot No 51 Surajpur Kasna Road Greater Noida, 201306 India Founded in 1997
Phone:

91 12 0256 0960
Fax:

91 12 0256 0956
www.lg.com/in/

KEY EXECUTIVES
Mr. Soon H. Kwon Managing Director and Director Mr. Y. V. Verma Chief Operating Officer Mr. Chandramani Singh Product Chief and Head of Consumer Electronics Age: 43 Mr. R. Manikandan Business Group Head of Digital Display & Storage Mr. V. Ramachandran Head of Strategy Compensation as of Fiscal Year 2011.

KEY DEVELOPMENTS FOR LG ELECTRONICS INDIA PVT. LTD.

LG Electronics India Pvt. Ltd. Launches 13 Notebooks in India; Provides Revenues Guidance for 2011 and 2012
09/1/2011

LG Electronics India Pvt. Ltd. made a re-entry into the laptop segment by launching 13 notebooks in India at prices ranging from INR 26,000 to INR 66,780 and is available at leading retail outlets. The company also introduced a 3D laptop, the LG A530. The new range of notebooks boasts higher battery life, light weight, scratch resistance and an impeccable external finish. The company plans to launch the tablet in the Indian market by the second quarter of 2012. The company's IT division is eyeing a 15% growth in revenue terms and has targeted a INR 10 billion revenue by 2012. During 2011, the company expects to achieve revenue of INR 8.6 billion.

LG Electronics India Pvt. Ltd. Plans to Expand Ranjangaon Facility

07/18/2011

LG Electronics India Pvt. Ltd. is planning an INR 20,000 million expansion at its Ranjangaon facility near Pune. The company has approached the Maharashtra Industrial Development Corporation (MIDC) for about 200 acres at Ranjangaon. At the expanded facility the company will continue to produce its present line of products such as LCDs, TVs, air conditioners, refrigerators, washing machines and mobile phones.

LG Electronics India Provides Earnings Guidance for the Year 2011

06/28/2011

LG Electronics India Pvt. Ltd. provided earnings guidance for the year 2011. The company expects to maintain its growth and does not see any impact of the difficult economic condition on the consumer durables industry and also hopes to maintain top line growth. The company was looking at a top line of INR 200 billion in this calendar year compared with INR 160 billion it achieved in 2010. This year, the company will see a 22% to 23% growth compared to previous year growth of around 24%-25%, and the company expects to cover up this gap and maintain growth.